FICO, the company behind the most widely used credit scoring models in the U.S., has developed two new algorithms that, for the first time, will incorporate buy ...

Effective immediately, Fannie and Freddie will allow mortgage lenders to use VantageScore credit ratings to assess ...

The regulator of Fannie Mae and Freddie Mac wants to allow mortgage lenders to use an alternative credit score to FICO for ...

The regulator of Fannie Mae and Freddie Mac has decided to allow mortgage lenders to use an alternative credit score for ...

Historically high interest rates and falling late-payment rates suggest that credit card issuers are tightening their ...

Pay Later gains traction, experts warn that rising defaults could hurt consumers’ credit scores, stressing the need for ...

The pool of consumers potentially falling into the subprime credit tier might grow by nearly 6 million individuals based on ...

Freddie Mae and Fannie Mac are now allowed to calculate rent history in the algorithm for determining credit history loan ...

Don’t let financial fear hold you back from starting the homebuying process. Here’s everything you need to know to feel prepared, empowered and ready to make your move.

FHFA Director William Pulte said that lenders may now use VantageScore 4.0, an alternative to the FICO score, while assessing ...

Federal Housing Finance Agency director Bill Pulte announced that lenders may start using VantageScore, a rival to the Fair ...

Mortgage lenders working with Fannie Mae and Freddie Mac can now choose to use Vantage Score 4.0, while still keeping ...